Jumbo Loans

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A jumbo mortgage is any single loan amount over the conforming loan limit, which is currently, in a non-high-cost area, $510,400 for a one-unit property in most of the United States.  

• allows the purchase of a more expensive home 

• no private mortgage insurance (PMI) is required with a 20% down payment 

• interest on loans up to $1 million may be tax deductible. Check with your tax consultant.

For borrowers looking to purchase or refinance a home with a mortgage amount that is greater than $510,400 (in a non-high-cost area). Contact one of our licensed loan officers today to apply!